Global Corporate Survey 2022: Supply Chain Sustainability Analysis By Industry
16 May, 2023
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Executive Summary
Supply chain sustainability is becoming an increasingly important consideration for firms when managing risk, in order to address external and regulatory pressures. To improve supply chain data collection and transparency, Verdantix predicts that firms will increase their spend on supply chain software solutions to nearly $4.3 billion in 2027, at a CAGR of 28% (see Verdantix Market Size And Forecast: Supply Chain Sustainability Software 2021-2027 (Global)). Verdantix sought to uncover the factors that drive the corporate supply chain, as well as firms’ investment priorities and technology preferences. We conducted interviews with 150 senior executives in sourcing, procurement and supply chain in the US, UK and Europe, across 11 industries (see Verdantix Global Corporate Survey 2022: Supply Chain Sustainability Analysis). This report explores drivers, spend and technology trends by industry, to support executives with decision-making and technology vendors in the extractive, consumer-oriented and industrial and chemical industries.
Global Corporate Survey 2022: Supply Chain Sustainability Analysis By Industry
Sustainability Goals, External Pressures And Regulatory Compliance Drive Investment In Supply Chain Sustainability
Firms Across All Industries Are Increasing Their Spend On Voluntary And Regulatory Rules And Frameworks
Greater Visibility And Stronger Relationships With Suppliers Will Decrease Supply Chain Risk
Sustainability Goals, External Pressures And Regulatory Compliance Drive Investment In Supply Chain Sustainability
Firms Across All Industries Are Increasing Their Spend On Voluntary And Regulatory Rules And Frameworks
Greater Visibility And Stronger Relationships With Suppliers Will Decrease Supply Chain Risk
Figure 1. Survey Respondents Industry Groups
Figure 2. Drivers Behind Increased Commitment To ESG And Sustainability
Figure 3. Impact of Rules And Frameworks On Firms’ Commitment To Supply Chain Sustainability
Figure 4. Priorities To Lower Supply Chain Risk
Figure 5. Technology Approaches To Manage Supply Chain Sustainability Use Cases
Figure 2. Drivers Behind Increased Commitment To ESG And Sustainability
Figure 3. Impact of Rules And Frameworks On Firms’ Commitment To Supply Chain Sustainability
Figure 4. Priorities To Lower Supply Chain Risk
Figure 5. Technology Approaches To Manage Supply Chain Sustainability Use Cases
Task Force on Climate-related Financial Disclosures (TCFD), Lipton Teas and Infusions, Assent, Chevron, Global Reporting Initiative (GRI), Avetta, CDP (Carbon Disclosure Project), Starbucks, SAP, BBC, NAVEX, Anglo American, Diligent, UL Solutions, Schroders, Shell, ExxonMobil, Science Based Targets initiative (SBTi), BP, TotalEnergies, US Securities and Exchange Commission (SEC), Unilever, Toyota
About the Authors
Alessandra Leggieri
Industry Analyst
Alessandra is an Industry Analyst at Verdantix, specializing in carbon management and software for product carbon footprints. Her research spans over 100 vendors in the carbon…
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Kim Knickle
Research Director
Kim Knickle is a Research Director at Verdantix, bringing more than two decades of analyst experience to the evolving world of sustainability. Her current research spans ESG a…
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